Independent Bank Corp.
(INDB)
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undefined%
At close: undefined
70.80
-0.03%
After-hours Dec 13, 2024, 04:00 PM EST
Income Statement (Annual)
Get detailed income statement breakdowns, uncovering revenue,
expenses, and much more.
Year | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 | FY09 | FY08 | FY07 | FY06 | FY05 | FY04 | FY03 | FY02 | FY01 | FY00 | FY99 | FY98 | FY97 | FY96 | FY95 | FY94 | FY93 | FY92 | FY91 | FY90 | FY89 | FY88 | FY87 | FY86 | FY85 |
Revenue | 795.73M | 727.92M | 507.41M | 477.45M | 508.43M | 386.67M | 341.84M | 310.24M | 289.59M | 264.86M | 249.82M | 234.81M | 219.78M | 210.87M | 188.89M | 145.55M | 128.23M | 129.30M | 132.99M | 126.17M | 123.57M | 123.39M | 111.87M | 88.56M | 76.62M | 72.20M | 65.00M | 57.60M | 55.40M | 53.00M | 47.50M | 51.00M | 52.60M | - | - | - | - | - | - |
Cost of Revenue | - | - | - | - | - | 3.43M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit | 795.73M | 727.92M | 507.41M | 477.45M | 508.43M | 383.24M | 341.84M | 310.24M | 289.59M | 264.86M | 249.82M | 234.81M | 219.78M | 210.87M | 188.89M | 145.55M | 128.23M | 129.30M | 132.99M | 126.17M | 123.57M | 123.39M | 111.87M | 88.56M | 76.62M | 72.20M | 65.00M | 57.60M | 55.40M | 53.00M | 47.50M | 51.00M | 52.60M | - | - | - | - | - | - |
Operating Income | 315.13M | 338.55M | 156.68M | 152.84M | 218.11M | 181.46M | 152.88M | 130.87M | 112.80M | 104.16M | 90.07M | 80.69M | 91.26M | 91.23M | 81.73M | 89.44M | 100.73M | 112.65M | 98.14M | 81.19M | 74.50M | 78.15M | 87.02M | 77.02M | 74.75M | 73.50M | 63.10M | 50.20M | 44.20M | 36.70M | 31.80M | 32.40M | 33.70M | -17.90M | 5.90M | 8.90M | 8.30M | 7.80M | 6.00M |
Interest Income | 795.73M | 642.84M | 415.28M | 402.07M | 447.01M | 323.70M | 277.19M | 246.64M | 235.54M | 216.46M | 205.91M | 196.19M | 195.75M | 178.07M | 173.05M | 176.39M | 159.74M | 167.69M | 155.66M | 134.61M | 128.31M | 140.82M | 145.07M | 127.57M | 112.01M | 108.70M | 93.80M | 77.30M | 73.00M | 68.60M | 61.10M | 65.90M | 80.90M | - | - | - | - | - | - |
Pretax Income | 315.13M | 347.75M | 156.68M | 152.84M | 218.11M | 155.93M | 134.54M | 112.08M | 92.18M | 83.74M | 66.74M | 57.30M | 62.58M | 52.47M | 29.74M | 30.52M | 37.17M | 47.61M | 48.33M | 44.39M | 41.97M | 37.36M | 32.54M | 21.60M | 24.58M | 23.90M | 21.50M | 17.80M | 15.10M | 9.60M | 5.10M | 400.00K | -16.20M | - | - | - | - | - | - |
Net Income | 239.50M | 263.81M | 120.99M | 121.17M | 165.18M | 121.62M | 87.20M | 76.65M | 64.96M | 59.84M | 50.25M | 42.63M | 45.44M | 40.24M | 22.99M | 23.96M | 28.38M | 32.85M | 33.20M | 30.77M | 26.43M | 25.07M | 22.05M | 15.19M | 17.03M | 16.10M | 14.20M | 11.60M | 10.40M | 8.10M | 4.60M | 200.00K | -11.90M | -17.90M | 5.90M | 8.90M | 8.30M | 7.80M | 6.00M |
Selling & General & Admin | 234.09M | 211.66M | 183.47M | 161.25M | 157.07M | 132.23M | 124.66M | 116.99M | 113.68M | 102.58M | 98.22M | 91.89M | 89.66M | 88.00M | 81.01M | 60.29M | 54.24M | 49.25M | 49.87M | 47.35M | 43.49M | 42.17M | 36.90M | 29.89M | 24.91M | 21.10M | 20.60M | 21.10M | 22.10M | 20.80M | 17.30M | 17.00M | 17.80M | - | - | - | - | - | - |
Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other Expenses | 488.04M | -601.03M | -534.20M | -485.86M | -447.40M | -343.15M | -313.62M | -296.36M | -290.48M | -263.28M | - | -246.00M | -218.19M | -458.00K | -1.35M | -116.40M | -81.74M | -65.91M | -84.72M | - | - | - | -61.76M | -41.44M | -26.78M | -19.80M | -22.50M | -28.50M | -33.30M | -37.10M | -33.00M | -35.60M | -36.70M | -17.90M | 5.90M | 8.90M | 8.30M | 7.80M | 6.00M |
Operating Expenses | 722.13M | -389.37M | -350.73M | -324.62M | -290.32M | -201.78M | -188.96M | -179.37M | -176.80M | -160.70M | 4.28M | -154.12M | -128.52M | 87.55M | 79.66M | -56.10M | -27.51M | -16.65M | -34.85M | 2.45M | 1.99M | 1.89M | -24.85M | -11.54M | -1.87M | 1.30M | -1.90M | -7.40M | -11.20M | -16.30M | -15.70M | -18.60M | -18.90M | -17.90M | 5.90M | 8.90M | 8.30M | 7.80M | 6.00M |
Interest Expense | 189.21M | 29.59M | 13.72M | 34.34M | 53.88M | 25.54M | 18.33M | 18.79M | 20.62M | 20.42M | 23.34M | 23.39M | 28.67M | 38.76M | 51.99M | 58.93M | 63.55M | 65.04M | 49.82M | 36.80M | 32.53M | 40.79M | 54.48M | 55.42M | 50.18M | 49.60M | 41.60M | 32.40M | 29.10M | 27.10M | 26.70M | 32.00M | 49.90M | - | - | - | - | - | - |
Selling & Marketing Expenses | - | - | 4.08M | 4.26M | 5.44M | 4.94M | 4.99M | 5.20M | 4.64M | 3.86M | 4.28M | 3.95M | 3.88M | 2.17M | 2.20M | 2.02M | 1.72M | 1.36M | 1.96M | 2.45M | 1.99M | 1.89M | - | 1.55M | 1.20M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost & Expenses | 722.13M | -389.37M | -350.73M | -324.62M | -290.32M | -201.78M | -188.96M | -179.37M | -176.80M | -160.70M | 4.28M | -154.12M | -128.52M | 87.55M | 79.66M | -56.10M | -27.51M | -16.65M | -34.85M | 2.45M | 1.99M | 1.89M | -24.85M | -11.54M | -1.87M | 1.30M | -1.90M | -7.40M | -11.20M | -16.30M | -15.70M | -18.60M | -18.90M | -17.90M | 5.90M | 8.90M | 8.30M | 7.80M | 6.00M |
Income Tax | 75.63M | 83.94M | 35.68M | 31.67M | 52.93M | 34.30M | 47.34M | 35.43M | 27.22M | 23.90M | 16.48M | 14.67M | 17.15M | 12.23M | 6.75M | 6.55M | 8.79M | 14.76M | 15.12M | 13.62M | 15.54M | 12.29M | 10.48M | 6.41M | 7.54M | 7.80M | 7.30M | 6.20M | 4.70M | 1.50M | 500.00K | 200.00K | -4.30M | 17.90M | -5.90M | -8.90M | -8.30M | -7.80M | -6.00M |
Shares Outstanding (Basic) | 44.18M | 46.37M | 34.87M | 33.26M | 32.81M | 27.59M | 27.29M | 26.40M | 25.89M | 23.90M | 23.01M | 21.78M | 21.42M | 21.18M | 19.64M | 15.69M | 14.03M | 14.94M | 15.38M | 14.94M | 14.56M | 14.42M | 14.29M | 14.24M | 14.21M | 14.73M | 14.64M | 14.50M | 14.63M | 14.46M | 14.38M | 5.00M | 5.22M | 5.19M | 5.09M | 5.09M | 5.06M | 5.03M | 4.00M |
Shares Outstanding (Diluted) | 44.19M | 46.39M | 34.89M | 33.29M | 32.86M | 27.65M | 27.37M | 26.46M | 25.96M | 23.99M | 23.09M | 21.81M | 21.45M | 21.20M | 19.67M | 15.76M | 14.16M | 15.11M | 15.52M | 15.04M | 14.74M | 14.62M | 14.45M | 14.31M | 14.37M | 14.95M | 14.95M | 14.68M | 14.81M | 14.46M | 14.38M | 5.00M | 5.22M | 5.19M | 5.09M | 5.09M | 5.06M | 5.03M | 4.00M |
EPS (Basic) | 5.42 | 5.69 | 3.47 | 3.64 | 5.03 | 4.41 | 3.19 | 2.90 | 2.51 | 2.50 | 2.18 | 1.96 | 2.12 | 1.90 | 0.88 | 1.53 | 2.02 | 2.20 | 2.16 | 2.06 | 1.82 | 1.63 | 1.54 | 1.07 | 1.20 | 1.10 | 0.97 | 0.80 | 0.71 | 0.56 | 0.32 | 0.03 | -2.28 | -3.45 | 1.16 | 1.75 | 1.64 | 1.55 | 1.50 |
EPS (Diluted) | 5.42 | 5.69 | 3.47 | 3.64 | 5.03 | 4.40 | 3.19 | 2.90 | 2.50 | 2.49 | 2.18 | 1.95 | 2.12 | 1.90 | 0.88 | 1.52 | 2.00 | 2.17 | 2.14 | 2.06 | 1.79 | 1.61 | 1.53 | 1.06 | 1.19 | 1.08 | 0.95 | 0.79 | 0.71 | 0.56 | 0.32 | 0.03 | -2.28 | -3.45 | 1.16 | 1.75 | 1.64 | 1.55 | 1.50 |
EBITDA | - | 386.55M | 189.50M | 174.40M | 238.80M | 167.83M | 150.31M | 124.07M | 104.48M | 95.85M | 75.23M | 67.51M | 72.22M | 64.43M | 52.92M | 50.46M | 59.20M | 74.56M | 77.25M | 68.89M | - | - | - | - | - | - | - | - | - | - | - | - | - | -17.90M | 5.90M | 8.90M | 8.30M | 7.80M | 6.00M |
Depreciation & Amortization | - | 26.05M | 18.21M | 19.00M | 18.20M | 11.80M | 12.00M | 10.10M | 12.29M | 11.01M | 8.49M | 10.21M | 9.63M | 9.88M | 5.74M | 6.75M | 5.66M | 6.37M | 5.98M | 5.87M | 5.56M | 4.31M | 7.59M | 5.60M | 4.54M | 4.20M | 3.20M | 3.10M | 3.20M | 5.40M | 3.30M | 2.50M | 2.30M | - | - | - | - | - | - |